Proposal:Combating Excessive Student Debt Act of 2022

This proposal is archived and closed to further debate. It was introduced in the 117th Congress, which has concluded, and the bill was not enacted into law.

Bill	HR 7895
Type of Legislation	House Bill
Congress	117
Status	Archived — 117th Congress concluded
Source	View original on Congress.gov

Geographic Scope

National

Description

Combating Excessive Student Debt Act of 2022

This bill generally prohibits new Federal Direct PLUS Loans from being made to student loan borrowers on or after July 1, 2023. Additionally, the bill limits the percentage of institutional revenue that may be derived from these loans.

Bill Title

Combating Excessive Student Debt Act of 2022

Linked Goals

• Goal:Promote General Welfare

Steps

• 2022-05-27: Referred to the House Committee on Education and Labor.
• 2022-05-27: Introduced in House
• 2022-05-27: Introduced in House

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.